Aliko Dangote is worth an estimated $10.9 billion. He founded and chairs Africa’s largest cement manufacturer, Dangote Cement. He also owns sugar, salt, and milling businesses.
Mike Adenuga is worth an estimated $9.1 billion and is the second-richest Black man in the world. He built his fortune on oil, real estate, banking, and his mobile telecom company, Globacom.
Robert Smith is worth an estimated $5 billion. The former Goldman Sachs executive started a private equity and venture capital firm, Vista Equity Partners, that has over $30 billion in assets under management.
Known for his generous philanthropy, he is the first Black billionaire to sign The Giving Pledge, and made headlines for pledging to pay off the entire Morehouse University class of 2019’s student debt.
David Steward is worth an estimated $3.5 billion thanks to his information technology firm, World Wide Technology. WWT has amassed an astounding $11 billion in sales thanks to lucrative IT services contracts with Citi, Verizon, and taking advantage of federal government contracts.
Oprah Winfrey is worth an estimated $2.7 billion and is one of three Black female billionaires. She may not be the queen of daytime TV anymore, but she has her own successful cable channel, OWN (Oprah Winfrey Network), and owns an 8% stake in Weight Watchers International.